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2022-06-11
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@WallStreet_Tiger:CPI for May Comes Out Friday, What is the Prediction?
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We need to care about CPI data mainly because：1) If CPI> 8.3%, short-term all markets tends to tank (Bearish)2) If CPI data in the range of 8% - 8.3%, all markets tends to slight dump or pump (Neutral)3) if CPI< 8%, theshort-term all markets tends to pump (Bullish)Generally speaking, the stock market, foreign exchange market and precious metal market will be affected.For the data expectation in May, some people think that inflation will peak in May, while others think that it will remain high. 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